Common use of Removal and Return of Proprietary Items Clause in Contracts

Removal and Return of Proprietary Items. The Employee will not remove from the Company's premises (except to the extent such removal is for purposes of the performance of the Employee's duties at home or while traveling, or except as otherwise specifically authorized by the Company) any document, record, notebook, plan, model, component, device, or computer software or code, whether embodied in a disk or in any other form (collectively, the "Proprietary Items"). The Employee recognizes that, as between the Company and the Employee, all of the Proprietary Items, whether or not developed by the Employee, are the exclusive property of the Company. Upon termination of Employee's employment with the Company by either party (regardless of the reason for termination), or upon the request of the Company during the term of employment, the Employee will return to the Company all of the Proprietary Items in the Employee's possession or subject to the Employee's control, and the Employee shall not retain any copies, abstracts, sketches, or other physical embodiment of any of the Proprietary Items.

Appears in 3 contracts

Samples: Employment Agreement (Liquidmetal Technologies), Employment Agreement (Liquidmetal Technologies), Employment Agreement (Liquidmetal Technologies)

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Removal and Return of Proprietary Items. The Employee Executive will not remove from the Company's ’s premises (except to the extent such removal is for purposes of the performance of the Employee's Executive’s duties at home or while traveling, or except as otherwise specifically authorized by the Company) any document, record, notebook, plan, model, design, component, device, or computer software or codecode obtained from the Company or containing the Company’s Confidential Information, whether embodied in a disk or in any other form (collectively, the "Proprietary Items"). The Employee Executive recognizes that, as between the Company and the EmployeeExecutive, all of the Proprietary Items, whether or not developed by the EmployeeExecutive, are the exclusive property of the Company. Upon termination of Employee's Executive’s employment with the Company by either party (regardless of the reason for termination), or upon the request of the Company during the term of employment, the Employee Executive will return to the Company all of the Proprietary Items in the Employee's Executive’s possession or subject to the Employee's Executive’s control, and the Employee Executive shall not retain any copies, abstracts, sketches, or other physical embodiment of any of the Proprietary Items.

Appears in 3 contracts

Samples: Executive Agreement (Homeowners Choice, Inc.), Executive Agreement (Homeowners Choice, Inc.), Executive Agreement (Homeowners Choice, Inc.)

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